Florida Conforming Loan Limits
Key Takeaways
- County matters. Monroe County has higher limits than the rest of Florida.
- Unit count matters. Two- to four-unit properties have separate limits.
- Loan amount is not purchase price. Down payment and underwriting still determine financing eligibility.
- Compare actual offers. Neither conforming nor jumbo financing is always the lower-cost choice.
County · Property size · Loan year
Find the applicable mortgage limit before comparing financing options.
For 2026, the conforming loan limit for a one-unit property is $832,750 in 66 Florida counties and $990,150 in Monroe County. Higher limits apply to two-, three- and four-unit properties. These are mortgage-amount limits, not maximum purchase prices or an approval guarantee.
Bennett Capital Partners Mortgage Brokers can help you compare conventional mortgage options with jumbo financing when your requested loan exceeds the applicable limit.
Data period: 2026 FHFA county loan limits. Review the applicable annual file before using these figures for a later-year loan.
Conforming Loan Limits by Property Size
The following limits come from FHFA's 2026 county file. Miami-Dade, Broward and Palm Beach use the baseline column.
| Property size | 66 Florida counties | Monroe County |
|---|---|---|
| 1 unit | $832,750 | $990,150 |
| 2 units | $1,066,250 | $1,267,600 |
| 3 units | $1,288,800 | $1,532,200 |
| 4 units | $1,601,750 | $1,904,150 |
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Florida Counties with High-Cost Loan Limits
Monroe County is Florida's high-cost exception in the 2026 FHFA file. Its one-unit limit is $990,150. Do not substitute the national high-cost ceiling for a specific county limit. Confirm the property's county and legal unit count before selecting a loan amount.
Conforming Loans and Jumbo Financing
A conforming mortgage must meet the applicable loan limit and Fannie Mae or Freddie Mac requirements. A loan above that limit may require jumbo or another suitable financing structure. Eligibility depends on more than the loan amount.
Compare interest rate, APR, points, closing costs, mortgage insurance where applicable, reserves and repayment terms. Jumbo pricing is not always higher, and qualification rules vary by product and lender.
For a duplex, triplex or fourplex, review our two- to four-unit financing overview. For refinancing, compare your available terms and costs using our Florida mortgage refinance guide.
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Frequently Asked Questions
What is the conforming loan limit in Florida?
For 2026, the one-unit limit is $832,750 in 66 Florida counties. Monroe County has a higher one-unit limit of $990,150. The applicable limit depends on the property county, unit count and loan year.
What are the limits for a duplex, triplex or fourplex?
For 2026, baseline limits are $1,066,250 for two units, $1,288,800 for three units and $1,601,750 for four units. Monroe County limits are $1,267,600, $1,532,200 and $1,904,150, respectively. Meeting the loan limit does not establish eligibility for a particular occupancy or transaction.
Why does Monroe County have higher limits?
FHFA uses statutory formulas and local housing values to determine high-cost limits. The 2026 county file assigns Monroe County higher limits than the other 66 Florida counties.
Does the loan limit equal the maximum purchase price?
No. A conforming limit caps the eligible mortgage amount, not the property purchase price. Your down payment, loan-to-value ratio, income, credit, reserves and property eligibility also affect the available financing.
Are conforming rates always lower than jumbo rates?
No. Compare actual offers with the same lock period, points, costs and borrower assumptions. Pricing depends on the lender, market conditions and transaction; there is no universal conforming-versus-jumbo rate spread.
Can I refinance into a conforming loan?
A refinance may fit if the new loan amount is within the applicable county and unit limit and the transaction meets agency and lender requirements. Compare closing costs, cash-out restrictions and the expected holding period before deciding.
Do FHA and VA loans use the same limits?
FHA has its own county and unit limits. VA eligibility and any applicable limits depend on entitlement and lender requirements. Do not use a conforming-limit table as a substitute for a program-specific review.
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